The Wall Street Journal profiles the new book "The Good Rich and What They Cost Us."
According to the reviewer, the book, which covers over two centuries of American philanthropy, posits that the rich often miss opportunities for their giving to make a significant impact on society.
Controversially, the author proposes that the charitable tax deduction prevents the philanthropic dollars from being efficiently allocated. The government would be better in this regard. Interesting!
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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.